The Most Affordable Neighborhoods in Timothy, TN by Home Value

These days, finding an affordable place to live in the Timothy area can be challenging. Home prices in Timothy are now at a median cost of $151,137, lower than the Tennessee average of $315,131.

The average cost of rent is $842/mo in Timothy, primarily driven by the current value of real estate in the Timothy area. In Timothy, 20.04% of households rent, and 71.92% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Timothy is $4,310 per month. Households that rent pay about 19.53% of their income on rent here. Timothy’s most expensive areas are in the northern regions, while the cheapest areas are in the southwestern parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.

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